Property Management
KSK, Kempinski to Manage M-U Development in Kuala Lumpur
Kempinski Hotels and KSK Land have signed a management agreement for the upscale 8 Conlay mixed-use development in Kuala Lumpur, Malaysia.
Office Cost Trends: A Snapshot
A strengthening office market nudged both income and expenses upward from 2012 to 2013, according to the 2014 Experience Exchange Report, the annual survey conducted by the Building Owners and Managers Association International and Kingsley Associates. Expense categories that posted the biggest gains include fixed expenses (8.4 percent), repairs and maintenance (5.9 percent) and security (5.8 percent). Reversing a four-year decline, utility expenses increased 2.4 percent. On the other side of the ledger, total income increased 7.4 percent year over year and rental revenue rose 7.2 percent. For a preview of operations costs in 2015, don’t miss “Price-Tag Preview” in…
Industry Partners, RKF To Market Space in Converted L.A. Coca-Cola Plant
GPI Cos. and Atlas Capital plan to transform a former Coca-Cola production facility into 150,000 square feet of creative office, retail and restaurant space.
The November digital issue of CPE is now available!
Check out CPE’s November digital issue here!
Voit to Manage, Reposition 2 MSF Industrial Portfolio in Reno
The Reno office of Voit Real Estate Services will provide property management and repositioning services for two industrial portfolios totaling more than 2 million square feet in Reno for Northwestern Mutual.